Give an example of contingency planning in business setting


Problem

Contingency Theory is based on "What If?" It means that one makes alternative plans for multiple situations. Give an example (not including natural disasters) of contingency planning in a business setting (it must be in a business/leadership context regarding changing variables and not personal). Use an original/primary source to show contingency theory was used.

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Business Management: Give an example of contingency planning in business setting
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